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Listed by Rick Applebaum • Morgan Skenderian
$ 1,645,000
Est. payment | /mo
7,347 Sqft Lot
$ 1,645,000
Est. payment | /mo
7,347 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25052506
Year Built 1923
Lot Size 7,347 Sqft
Source California Regional MLS
Property Description
Located in the heart of Retro Row, just a mile from Alamitos Beach, this beautifully maintained multi-unit property offers a 5.7% CAP rate on current rents. The property features (4) one-bedroom/one-bathroom units and (1) three-bedroom/two-bathroom house, providing a versatile mix of rental options. Recent upgrades include a brand-new roof (2024) and modernized interiors, ensuring long-term value and tenant appeal. Situated within walking distance to vintage shops, trendy cafes, and cultural attractions, this prime location offers high demand and strong rental income potential. Don't miss this exceptional investment opportunity.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Cooling Window / Wall Unit
Laundry Gas Hookup, 30
Exterior
Parking Features Garage, Other
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 7266018026
Special Listing Condition Not Applicable
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